19 JUL, 2022

[{ "selector": ".bqfxw-a", "duration": "500ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": 1} ] }, { "selector": ".rkxnl-a", "duration": "500ms", "fill": "forwards", "delay": "1000ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": 1} ] }]

The to and fro price swing of Ethereum which has for some time wobbling between $1275 and $1000 hints that traders are still in a state of ambiguity and trapped in uncertainty.

[{ "selector": ".wqtnl-a", "duration": "500ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": 1} ] }]

When reports last came in ETH was changing hands at $1,213.83 up 6.44% and has brought the crypto asset to overhead resistance ($1275).

[{ "selector": ".ecwrw-a", "duration": "500ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": 1} ] }]

However experts are hinting of a bearish reversal due to the sinking volume activity. If this becomes a reality we could see the altcoin getting back to $1000 support.

[{ "selector": ".sneio-a", "duration": "500ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": 1} ] }]

ETH Price In A Consolidation Phase

[{ "selector": ".uqkdz-a", "duration": "500ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": 1} ] }]

ETH/USDT pair for the past one month was a perfect example of the consolidation phase

[{ "selector": ".zfsra-a", "duration": "500ms", "fill": "forwards", "delay": "1000ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": 1} ] }]

You should conduct a study prior to beginning your investmentsand it swung in between $1275 and $1000.

[{ "selector": ".naoua-a", "duration": "500ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": 1} ] }]

From its top, where Dogecoin is presently trading, that is a fall of more than 90%.

[{ "selector": ".itnxb-a", "duration": "500ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": 1} ] }]

The swing happened thrice and indicates aggressive buying and selling on both ends.

[{ "selector": ".fdtrl-a", "duration": "500ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": 1} ] }]

As the prolonged crypto winter continues such swings of values between a particular range or band is indicative of a short break period before the prevailing trend continues.

[{ "selector": ".qmjnd-a", "duration": "500ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": 1} ] }]